First Data Corp (FDC)
$31.69 0.00 (0.00%)
19:37 EDT FDC Stock Quote Delayed 15 Minutes
Previous Close -
Market Cap 15.38B
PE Ratio 19.44
Volume (Avg. Vol.)
Day's Range 31.69 - 31.69
52-Week Range 15.52 - 31.69
Dividend & Yield N/A (N/A)
FDC Stock Predictions, Articles, and First Data Corp News
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The $28 billion acquisition is the eighth-largest bank deal of all time. It’s expected to close in the fourth quarter.
The charts show the stocks of INTC, EBAY and FISV have dropped the most, along with best hints as we come back from the three-day weekend.
Options trading was on the rise Monday in IBM, F and FDC. Earnings, an analyst upgrade, and an expensive acquisition were the culprits.
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The Sell recommendation, which was recently downgraded from a Hold to Sell, for First Data Corp resulted from a proprietary process of evaluation which generated outcomes that were below average in 4 areas: a ranking in the company's sector that is in the bottom quarter, ranking in its industry group that is in the bottom quarter, analytical scoring that is near average, and a numerical calculation of risk/reward that is below average; and produced above average in 2 areas: an economic sector rated above average in attractiveness, and an industry group ranked above average in attractiveness.
FDC stock beat revenue expectations as FDC attracts more clients and the increased online transactions that will be a boon to First Data stock.
Ethereum is the cryptocurrency of the moment, rising, falling, and rising sharply as institutions pile-in and speculators trade it avidly.
First Data Corp has been climbing for months, and once a recent gap in FDC stock closes, it should begin climbing again.
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The first data from an experiment in a city where needy people get $500 a month from the government shows they spend most of it on things such as food, clothing and utility bills. The 18-month, privately funded program started in February and involves 125 people in Stockton. It is one of the few experiments testing the concept of "universal basic income," an old idea getting new attention from Democrats seeking the 2020 presidential nomination. Stockton Mayor Michael Tubbs has committed to publicly releasing data throughout the experiment to win over skeptics and, he hopes, convince state lawmakers to implement the program statewide. "In this country we have an issue with associating people who are struggling economically and people of color with vices like drug use, alcohol use, gambling," he said. "I thought it was important to illustrate folks aren't using this money for things like that. They are using it for literal necessities." But critics say the experiment likely won't provide useful information from a social science perspective given its limited size and duration. Matt Zwolinski, director of the Center for Ethics, Economics and Public Policy at the University of San Diego, said people aren't likely to change their behavior if they know the money they are getting will stop after a year and a half. That's one reason why he says the experiment is "really more about storytelling than it is about social science." Plus, he said previous studies have shown people don't spend the money on frivolous things. "What you get out of a program like this is some fairly compelling anecdotes from people," he said. "That makes for good public relations if you are trying to drum up interest in a basic income program, but it doesn't really tell...
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